Life IFRS 17 – driving change for Life

The Middle East insurance market continues to appreciate value added actuarial and financial services. WTW are helping more clients with practical actuarial, technology and business solutions that respect regional market trends and best practice, but which harness our global experience in topics such as price optimisation, IFRS17 and AA roles.

IFRS 17 brings some very specific challenges for insurers’ finance and actuarial teams, not the least of which is to produce numbers and analyses ever quicker, with greater transparency, and with more controls and granularity. But it also provides a unique opportunity to review and update the technology, processes and people used for financial reporting.

Solutions for Life is a comprehensive, integrated portfolio of software tools and consulting services that provide cutting-edge solutions across all areas of the actuarial risk reporting process to help life insurers save time and money, comply with regulatory demands and optimise legacy systems.

RiskAgility FM is a fast, flexible, actuarial software solution that enables life and health insurers and pension companies to run financial models that accurately reflect their products and company, and to run them in ways that are easily adapted to their business processes and regulatory reporting needs.